Consumer Strength Fuels Record Results for These 2 Companies
Deckers(DECK) ZACKS·2024-07-24 23:15
We’ve got a stacked earnings schedule this week, with nearly every pocket of the economy being represented.Among the bunch are two consumer-facing companies – Skechers (SKX) and Deckers Outdoors (DECK) . DECK shares have been notably strong in 2024, whereas SKX shares have lagged relative to the S&P 500.Consumer strength has led to robust quarterly results from the pair, with each exceeding Zacks Consensus EPS estimates throughout 2024. In addition, both sport favorable Zacks Ranks, reflecting upward trendi ...